As the world’s wealthy and powerful arrive in Davos, the world looks a gloomy and uncertain place. Every day the prospects for the global economy look bleaker. We don’t know how deep or long-lasting the downturn will be. But we do know there is plenty of pain to come.
ISTANBUL - Greek youths throw rocks and Molotov cocktails at riot police in Athens, who respond with stun grenades and tear gas. Despite seven straight days of unrest, Greece’s Conservative Prime Minister Costas Karamanlis rebuffs mounting calls to resign and hold early elections.